Shin-Etsu Polymer (7970) Earnings: Operating Income Up 8.6% YoY to JPY 4.148 Billion

Shin-Etsu Polymer (7970) announced its latest financial results, reporting that operating income rose 8.6% YoY to JPY 4,148 million. Net sales were JPY 30,585 million, representing a 9.3% increase compared to the same period of the previous year. On the profit front, ordinary income increased 3.5% YoY to JPY 4,125 million, and comprehensive income surged significantly by 607.6% YoY to JPY 3,547 million. Meanwhile, net income attributable to owners of the parent decreased by 22.3% YoY to JPY 2,415 million, with basic earnings per share (EPS) at JPY 30.05.

From a financial structure and valuation perspective, the company maintains a robust equity ratio of 84.9%, highlighting a solid financial foundation backed by retained earnings of JPY 95.64 billion. Regarding profitability metrics, return on equity (ROE) stands at 2.10%, return on assets (ROA) at 1.57%, and EBITDA reached JPY 4.15 billion. The combination of a high equity ratio and substantial internal reserves underscores the company's stable financial standing.